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If you want to read something even more hilarious about GRNH, go read the fins from the last quarter and see that what $600k alone will look like compared to the rest. It'll be a real knee-slapper.
If you really are going to buy MYDX shares -- by all means do so. Though I would wait, they'll be even cheaper very soon.
MYDX was 50 cents a year ago, higher even before that. Two cents five weeks ago. Indeed, never been stronger now it's flirting with going sub-penny again.
Quite the opposite. Ever since the MYDX 10-K was released a couple of weeks ago, the SP indicates people fleeing from MYDX.
"Hot companies" aren't down 50% in five weeks, as MYDX is.
Oh c'mon, name a micro cap stock that does not get manipulated? MYDX is hardly the first to "suffer" from that.
The reality is the MYDX CEO has everyone thinking with their hearts and not their heads. MYDX stock went up on these fluffy, carefully-worded PRs in mid-March to make people think that all debts are gone. A lot of people bought into that thinking, then the 10-K came out, and people then realized this Yazbeck is hyping things up beyond reality.
Right now, MYDX is just following the rest of the MJ sector, a slow bleed downward.
MYDX is "strongest is has ever been?" MYDX is down over 50% compared to just five weeks ago.
If someone were to have purchased MYDX at the "solid base" of .015, they would be down 35% right now.
How is that radar screen looking now for MYDX and .05 SP?
Any update on these predictions on MYDX? It has been five weeks now.
Yes, really. I want someone to, please, copy and paste the text where in the MYDX SEC filings it says there will be no more dilution.
Where are you seeing in the MYDX filings they will never dilute again?
And GRNH closed green in late afternoon today.
Every micro-cap CEO makes such claims, GRNH's Haas is no different.
The disorganization of the PR is both good and bad as far as GRNH goes. It is very obvious that simple PRs do not have much effect in goosing SP immediately.
It's not so much PRs right now, they need revenue, and that's why the $600k deposit will look good in upcoming fins.
The other thing going against instant gratification is how GRNH has a deferred revenue policy....meaning they don't put it into the fins until they have the dough in the bank. Again, both good and bad.
Also put it this way...it's holding on low volume. Looks like investors tapping their toes waiting for something to happen. They could just sell, but they're not.
GRNH investors know that California has been very clear in saying rec MJ isn't happening until 2018, when Sacramento sorts it all out.
GRNH investors also remember the $600,000 check CEO James Haas collected in Q1 2017, which is going to make the upcoming 10-Q look impressive.
aaaaaand GRNH back in the green today.
I think he said CFO, didn't he?
GRNH being down 1% is newsworthy? I'd say it's pretty good considering there are plenty MJ sector stocks down even more.
"Doesn't need originality?" Offering something that other companies already provide is not going to lead MYDX to the promised land. That business model is .005 SP thinking rather than getting anywhere close to a .05 SP.
I think you mean Crohn's disease. Unless you are calling your friend an "old woman who is thin and ugly," as that's how the dictionary defines a crone.
MYDX isn't doing anything original, there's nothing out there that some company isn't already doing. As mentioned before, the company is merely a clearing house for MJ related products, just licensing them.
It's been five weeks, any update on this MYDX SP prediction?
And $600.000 checks, such as the one GRNH received in March. And that's going to look pretty good on the fins, especially since it already beats the last two quarters of earnings.
Uhhhhh, the reason there's no follow-up is because HE ALREADY SAID the buildout isn't happening until 3Q2017.
It's right there in the original press release from GRNH.
It's not a question of affordability by GRNH, it's just prioritizing things.
The GRNH CEO is already on record as saying he's get too much business that he can handle single-handedly.
Hmmmm, sure would be nice to see proof of claim about GRNH deal being squashed to be true.
Where people work have zero to do with the health of MYDX. What matters is on the 10-K, and the fact of the matter is ONE full-time employee at MYDX. And even for that one employee, I doubt the $38k cash on hand is going to be enough for him and his contractors. Especially if you're pictured in a IR presentation wearing a $9500 Rolex Submariner and renting office space in the expensive San Diego area of Sorrento Valley.
It's been a little over three weeks, and the MYDX SP has gone down.
GRNH CEO said things won't get rolling on new deal until 3Q 2017. Do you have any proof this deal will fall through?
The MYDX settlement money was done in 2017, and the 10-K was 2016. And the $217k will hardly make a dent in 2017. In fact, it's likely the $217k will just go to the usual winners in lawsuits....the lawyers.
As for patents, the number of them don't really matter. And I'm not talking about just MYDX, but for any company. It's the ones that actually break through and actually produce ROI.
Hmmmm.....do you have any proof that GRNH business deals will fall through?
GRNH was down one or two percent for all of last week, which is pretty good given how the rest of the MJ sector hasn't fared as well.
LOL, how can the market react to a GRNH financial report that hasn't been released yet?
LOL, so who is this supposed buyer of MYDX?
Hmmmmm.....looks like GRNH is not in the .04s, holding in the .06s
LOL!
Argue? He/she said that already.
Please don't just go by what's said here by anyone (me included) about MYDX, please do your own due diligence.
Do you understand that MYDX's debt nearly tripled and now has a cumulative debt of $26,000,000 as of their last 10-K?
It is completely understandable (even expected) for a company like MYDX to have debt, but to project they are going to be profitable soon is comical.
Who said that about GRNH?
Estimates were at the end of the year at the earliest.
Article is a bit misleading on HMMJ performance, as it closed today below IPO. Will probably go down further since entire sector continues to get pulled down and corrects from 2016 overbuying. Matches the narrative mentioned in the article.
Many other MJ stocks have been slowly bleeding. Pleased to see GRNH hanging in there.